Upsetment
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Upsetment
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Curated by Kenneth Weene
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Why is the number of U.S. start-ups falling?

Why is the number of U.S. start-ups falling? | Upsetment | Scoop.it
The share of companies as a percentage of all firms has plunged since the late 1970s.
Kenneth Weene's insight:
This is a worrying trend here in America. Our young people are no longer so daring, so willing to go with their ideas. Perhaps this is part of the fear that is creeping over our nation and our people. When we become too afraid to take risks, we also become to frightened to move forward. Comfort becomes not the goal but the enemy of trying and of movement.  
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Large Companies Game H-1B Visa Program, Costing the U.S. Jobs

Large Companies Game H-1B Visa Program, Costing the U.S. Jobs | Upsetment | Scoop.it
Critics say a program meant to help American firms hire foreigners with special skills is instead being dominated by outsourcing companies that move jobs offshore.
Kenneth Weene's insight:

It is time to recognize that large corporations exist that have no purpose that is helpful to the economy but rather a plan to milk it for all that can be taken. There goal in hiring abroad is not to find just the right employee but to find a source of relatively cheap labor. Thankfully, on Tuesday, Senators Richard Durbin of Illinois, a Democrat, and Charles H. Grassley of Iowa, a Republican, introduced a bill to change the H-1B program and another temporary work visa, the L-1B, to raise wage requirements, increase monitoring and enforcement and add other protections for American workers. “The H-1B visa program was never meant to replace qualified American workers,” the senators said.

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Facebook soars as Zuckerberg’s cash-machine kicks into gear

Facebook soars as Zuckerberg’s cash-machine kicks into gear | Upsetment | Scoop.it
Facebook shares are bounding higher this morning after the company posted its fifth straight better-than-expected quarter. The metrics were beyond reproach
Kenneth Weene's insight:

I know it's just business and I hope the social media help me to sell my books, but somehow the idea that people are making money off our all to human need to connect upsets. How do you feel?

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Obama’s Covert Trade Deal

Obama’s Covert Trade Deal | Upsetment | Scoop.it
Why is the Trans-Pacific Partnership being kept under wraps?
Kenneth Weene's insight:

My bet, this time he will need the Republicans' support to overcome Democratic resistance. I am betting this will be a very pro-business deal, not one that will protect American workers and consumers.

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VW emissions: 'US deal struck' to buy back diesel cars - BBC News

VW emissions: 'US deal struck' to buy back diesel cars - BBC News | Upsetment | Scoop.it
Volkswagen will offer to buy back some of the cars affected by the emissions scandal in a deal agreed with US regulators, according to reports.
Kenneth Weene's insight:
I want to know how many managers from Volkswagen and now Mitsubishi will end up in prison. I want to know what portion of the profits from both companies will be taken away and invested in the environment. I guess what I really want to know is when will corporations and those who run them face real penalties that will disincentivize cheating and lawless behavior. And, no, the "innocent shareholders" shouldn't be protected; the larger society should be the proper concern of government. 
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BP, found grossly negligent, may face $18 billion in gulf spill fines

BP, found grossly negligent, may face $18 billion in gulf spill fines | Upsetment | Scoop.it
Energy giant BP’s willful misconduct and gross negligence led to the worst offshore oil spill in U.S. history, a federal judge said in a ruling Thursday that exposes the company to billions of dollars in civil penalties.
Kenneth Weene's insight:

The real problem is a world in which money becomes the measure of everything. Even this finding misses the point. The destruction of our environment and of peoples' lives cannot be made fungible, not by law suits and not by fines. That there is no real sense of anyone taking responsibility means that there will be no change except in the names of future players and victims.

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Long-building conservative anger at Export-Import Bank reaches boiling point

Long-building conservative anger at Export-Import Bank reaches boiling point | Upsetment | Scoop.it
Opposition to what many in tea party call a symbol of “crony capitalism” has been building for years.
Kenneth Weene's insight:

Should the U.S. government help export businesses finance their sales? Is that cronyism or is it good national policy? What would it do to businesses if they had to deal with the mega-banks instead? On the other hand, can unworthy companies, like Enron and Solyndra, take advantage of government support to effectively steal from the taxpayers? The underlying question is always how do we tame the government bureaucracy and make it serve the interest of the country instead of being its own monster.

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Pro-Business Decisions Are Defining This Supreme Court

Pro-Business Decisions Are Defining This Supreme Court | Upsetment | Scoop.it
A new analysis finds the current Supreme Court to be by far the most pro-business of any since World War II.
Kenneth Weene's insight:

Was there anybody who didn't already know this? This Supreme Court thinks that corporations are direct descents from Adam and Eve or at least from Jesus Christ. They have lost the sense of proportion that T.R., Taft, and Wilson tried to give back to the country after the last corruption of the late nineteenth century.

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